Restaurant Brands Asia's share price jumped 6% after reporting a narrower Q3FY24 loss and robust sales over the festive period. Despite challenges in demand, Restaurant Brands Asia's Q3FY24 performance surprised favourably, with a 20% YoY increase in revenue and 6% improvement in traffic.
3 min read30 Jan 2024QSR companies have not witnessed any material recovery in 3QFY24 compared to 2QFY24. Antique Stock Broking maintains a SELL rating on Jubilant FoodWorks due to near-term headwinds in the pizza segment, while preferring Devyani International and Sapphire Foods for their stable performance in KFC.
2 min read1 Jan 2024The MCD has approved the grant of licence for use of open space and terrace for dining purpose. In supersession of all earlier orders, servicing of food is now allowed in open space and terraces
1 min read14 Nov 2022Masks with zips is given to the customers upon entry and allows the patrons to relish the delicacies served at the restaurant without the hassle of removing the masksRestaurants across the country had been allowed to reopen and function at 50% capacity by the Centre in September
1 min read19 Oct 2020Diners can chose to get a dining experience inside the Airbus A380, the world’s largest passenger aircraft
2 min read12 Oct 2020To survive the pandemic, some restaurants are limiting the time diners can spend on meals; ‘every minute counts’
5 min read6 Oct 2020Customers will start ordering directly from brands they trust and are comfortable with, and not go through aggregators, says Riyaaz Amlani, CEO & MD, Impresario Handmade Restaurants
3 min read6 Oct 2020The Covid-related guidelines state that all customers must be screened at the entry point and only asymptomatic customers shall be allowed
1 min read3 Oct 2020Sellers get wider visibility through marketplace-based platforms
1 min read2 Oct 2020Fine-dining depends in large part on the ambience, attentive and knowledgeable staff, and flamboyance in plating and service
3 min read15 Sep 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared